Megatrends

The most influential Megatrends set to shape the world through 2030, identified by Euromonitor International, help businesses better anticipate market developments and lead change for their industries.

Tourism Flows in Portugal

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Executive Summary

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PROSPECTS

Airport expansion plans could more than double tourist arrivals in Lisbon

Expansion plans are in place for Lisbon Portela Airport while the upgrading of an air force base in nearby Montijo into a secondary airport is also awaiting approval, once the environmental impact assessment report is completed and approved. Lisbon Portela Airport will remain the main airport and will undergo renovations until 2028 in order to improve facilities and increase parking space.

Portugal has a lot to offer as key events raise its profile

Portugal raised its profile over the review period with the hosting of important cultural, sporting and entertainment events. For example, in 2018 Lisbon hosted the Eurovision Song Contest and the WRC Rally de Portugal, among other events.

Political and economic uncertainty in key markets casts a shadow over the future of travel in Portugal

Although current projections point towards further growth in inbound arrivals over the forecast period, there is a certain level of uncertainty in some key and developing source markets. For example, over the review period Portugal benefited from the growth in the number of upper middle-class citizens in countries such as Brazil, China and the US, who are looking to explore more of Europe, including fashionable Portugal.

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